100 Real Estate Tips in 100 Days
Attorney is not required for a closing in Colorado (Day 8 )
Over the ensuing half century, the 1957 decision has had the effect of making the average real estate licensee more capable and more liable
than is common in
most states. Although the consumer is free to retain legal counsel in a real estate transaction, it is not common for consumers to do so in
most residential transactions.
In recent times, the complexity of the contract and attendant disclosure documents have served to make the standard forms challenging for the consumer to fully appreciate the intricacies of today’s real estate transaction, and there are times when an attorney with a real estate specialization can benefit the transaction. And, of course, there is the danger that the licensee may slip into the practice of law, however innocently, and this must be guarded against.
As things stand today, most residential real estate transactions close successfully without the need for attorney’s on either side, and seldom with long term negative legal implications for either buyer or seller.
Too often, the consumer is more interested in the price or terms of a proposed contract to buy real estate, and pays little attention to the many other contract considerations. The consumer should receive a proper explanation of the contract from the licensee, and should be comfortable in their understanding of the contact and disclosures.
About 100 Real Estate and Relocation Tips In 100 Days
This series of 100 tips in 100 days is a crash course in all the
questions I’ve ever been asked about Denver, Colorado and purchasing a
home here. If a move is in your future, you will find this series
helpful, be sure to subscribe to the RSS feed or add the RSS to your
Outlook, so as to not miss a post!
Relocation far or near comes with questions.
As relocation specialists we work with home buyers to answer
questions and solve problems. If you are uncertain of where to live or
what your next move should be, we can help. We cover the entire scope
of your transfer to and from Denver, initial consultation, area tour,
financing, house hunting, negotiation, closing and move-in, we are
there for you.
Our mascot, Dew Bugus is a cute little guy who really likes it when
you “bug us”! You now have permission to call, email, or fill out this Denver Relocation form
with your questions on Denver neighborhoods and all the other things
that are worrisome right now! We can put your concerns at rest.
We look forward to your call.
About the Author
Kristal Kraft
Kristal has been helping buyers and sellers in Colorado since 1984. She enjoys sharing her knowledge of the Metro Denver Real Estate market via blogging and in person while driving around the beautiful Rocky Mountain town of Denver! For fun, Kristal enjoys shooting things with a Canon. Visit Denver Photo Blog
Kristal Kraft
One Comment
That is a great plan for 100 blogs. I am sure many of the tips are universal so I will be checking in. You the blogger will also learn a lot.